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X Commercial is proud to present 386 Darling Street, Balmain, which is being offered to the market for sale via Auction. A premium mixed-use freestanding asset in one of Sydney's most tightly held and sought-after harbourside precincts. This property is a rare offering, providing significant potential for investors or future owner-occupiers. With strong income, approved development upside, and exceptional proximity to the CBD, this is an ideal acquisition for both investors and value-add buyers alike.
Key Property Features:
- Site area: 217.9m²* with rear lane access and on-site parking
- Net lettable area (NLA): 215m²* across three commercial/retail tenancies
- Fully leased, generating a passing income of $130,091* net p.a. + outgoings + GST
- Current WALE of 2.5 years with scope for rental growth
- DA-approved mixed-use redevelopment: includes two luxury apartments, commercial space, swimming pool, lift, and basement parking
- Prime location on Darling Street, just 5km* to Sydney CBD with exceptional exposure and foot traffic
Auction Details:
Tuesday 3rd June 2025 @ 10:30am (unless sold prior) - Mezzanine Level/50 Margaret Street, Sydney NSW 2000.
For further information, please contact exclusive selling agent below.
Remember to mention you found this property on DevelopmentReady
X Commercial is proud to present 386 Darling Street, Balmain, which is being offered to the market for sale via Auction. A premium mixed-use freestanding asset in one of Sydney's most tightly held and sought-after harbourside precincts. This property is a rare offering, providing significant potential for investors or future owner-occupiers. With strong income, approved development upside, and exceptional proximity to the CBD, this is an ideal acquisition for both investors and value-add buyers alike.
Key Property Features:
- Site area: 217.9m²* with rear lane access and on-site parking
- Net lettable area (NLA): 215m²* across three commercial/retail tenancies
- Fully leased, generating a passing income of $130,091* net p.a. + outgoings + GST
- Current WALE of 2.5 years with scope for rental growth
- DA-approved mixed-use redevelopment: includes two luxury apartments, commercial space, swimming pool, lift, and basement parking
- Prime location on Darling Street, just 5km* to Sydney CBD with exceptional exposure and foot traffic
Auction Details:
Tuesday 3rd June 2025 @ 10:30am (unless sold prior) - Mezzanine Level/50 Margaret Street, Sydney NSW 2000.
For further information, please contact exclusive selling agent below.
Remember to mention you found this property on DevelopmentReady
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